Last update: Oct 2026

Cost of Living Comparison Between Grenada and Bogota

For one person, living is cheaper in Bogota: $1,310 a month against $1,408 in Grenada, rent and utilities included – about $1,200 less a year. Higher rent and utilities in Grenada outweigh lower spending on other living expenses.

66

Cost of Living Index in Grenada
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Grenada Living Index
62

Cost of Living Index in Bogota
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Bogota Living Index

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Grenada

🇬🇩 Grenada

$1,408

/mo nomad

Bogota

🇨🇴 Colombia

$1,310

/mo nomad

Monthly Cost of Living

How much you'll spend in Grenada and in Bogota

Real prices from locals and on-the-ground checks – rent, groceries, transit and the daily extras. Here's what a month in Grenada and in Bogota actually costs, broken down by who's living it.

A single person spends $1,408 per month in Grenada vs $1,310 in Bogota, rent included.

Grenada $1,408
Bogota $1,310

A couple spends around $2,005 per month in Grenada vs $2,073 in Bogota, rent included.

Grenada $2,005
Bogota $2,073

A family of three spends $2,602 per month in Grenada vs $2,836 in Bogota, rent included.

Grenada $2,602
Bogota $2,836

Grenada costs about 7% more than Bogota, and outside of rent the biggest gap is in clothing.

Grenada sits 5% above the global median, while Bogota is 2% below – they fall on opposite sides of the world average.

Meal at Budget Restaurant

$11.86 EC$32.03

$7.62 COP 24.3K

55.64%

Three-Course Dinner for Two, Mid-Range

$45.06 EC$122

$40.93 COP 130.4K

10.09%

Fast Food Meal (McDonalds, etc)

$8.42 EC$22.75

$9.96 COP 31.7K

-15.46%

Cappuccino

$2.75 EC$7.42

$2.46 COP 7,851

11.79%

Coke/Pepsi/Fanta/Sprite (0.33 liter bottle)

$2.03 EC$5.47

$1.36 COP 4,348

49.26%

Water (0.33 liter bottle)

$1.52 EC$4.10

$0.82 COP 2,603

85.37%

Local Beer (0.5 liter draught)

$1.81 EC$4.87

$2.01 COP 6,405

-9.95%

Imported Beer (0.33 liter bottle)

$3.73 EC$10.07

$3.85 COP 12.3K

-3.12%

Milk (1 liter)

$4.32 EC$11.65

$1.62 COP 5,160

166.67%

White Bread (500g)

$1.80 EC$4.87

$2.46 COP 7,828

-26.83%

Rice (white) (1kg)

$1.86 EC$5.01

$1.65 COP 5,256

12.73%

Eggs

$4.18 EC$11.28

$3.45 COP 11.0K

21.16%

Local Cheese (1kg)

$7.69 COP 24.5K

Chicken Fillets (1kg)

$7.02 COP 22.4K

Beef Round Steak (1kg)

$19.32 EC$52.2

$9.72 COP 31.0K

98.77%

Apples (1kg)

$3.47 COP 11.1K

Banana (1kg)

$1.78 COP 5,673

Oranges (1kg)

$1.96 COP 6,240

Tomato (1kg)

$1.75 COP 5,579

Potato (1kg)

$7.93 EC$21.42

$1.40 COP 4,460

466.43%

Onion (1kg)

$1.39 COP 4,433

Lettuce (1 head)

$1.84 EC$4.97

$1.31 COP 4,188

40.46%

Water (1.5 liter bottle)

$3.66 EC$9.89

$1.16 COP 3,685

215.52%

Cigarettes 20 Pack (Marlboro, Camel)

$5.38 EC$14.54

$4.15 COP 13.2K

29.64%

Wine (Bottle)

$11.08 EC$29.93

$12.24 COP 39.0K

-9.48%

Local Beer (0.5 liter bottle)

$1.44 EC$3.88

$1.42 COP 4,528

1.41%

Imported Beer (0.33 liter bottle)

$3.03 EC$8.19

$2.83 COP 9,022

7.07%

One-way Ticket (Public Transport)

$1.52 EC$4.10

$1.06 COP 3,391

43.40%

Public Transport Monthly Pass (Regular Price)

$47.61 EC$129

$48.65 COP 155.0K

-2.14%

Taxi Start (Normal Tariff)

$6.68 EC$18.04

$2.28 COP 7,259

192.98%

Taxi (Normal Tariff) (1km)

$2.31 COP 7,377

Taxi 1hour Waiting (Normal Tariff)

$9.01 EC$24.33

$9.26 COP 29.5K

-2.70%

Gasoline (1 liter)

$1.39 EC$3.76

$1.26 COP 4,000

10.32%

Midsize Hatchback 1.4l (Volkswagen Golf, Toyota Prius, Honda Civic, etc)

$23.4K COP 74.5M

Compact Sedan 1.6l (Toyota Corolla, Mazda3, Kia K4, Hyundai Elantra, etc)

$16.9K EC$45.6K

$35.3K COP 112.5M

-52.13%

Utilities for 2 People in 2-bedroom Apartment (Heating, Electricity, Gas, Water, Garbage) (85m2)

$200 EC$539

$121 COP 385.4K

65.06%

SIM Card Monthly Plan (Calls and 10GB+ Data)

$44.37 EC$120

$15.63 COP 49.8K

183.88%

Internet (50+ Mbps, Unlimited Data)

$48.32 EC$130

$29.00 COP 92.4K

66.62%

Gym Membership (Monthly)

$34.07 EC$92.0

$32.55 COP 103.7K

4.67%

Tennis Court (1 Hour on Weekend)

$17.14 EC$46.27

$15.14 COP 48.2K

13.21%

Cinema Ticket

$9.22 EC$24.90

$7.55 COP 24.0K

22.12%

Preschool or Kindergarten, Full Day, Private, 1 Child (Monthly)

$465 COP 1.5M

International Primary School, 1 Child (Yearly)

$8,119 COP 25.9M

Jeans (Levis 501 Or Similar)

$82.5 COP 262.8K

Summer Dress (H&M, Zara, etc)

$46.69 COP 148.8K

Sport Shoes (Adidas, Nike)

$142 COP 452.7K

Men's Leather Business Shoes

$104 COP 331.7K

1-bedroom Apartment, City Center (Monthly)

$685 EC$1,849

$781 COP 2.5M

-12.32%

1-bedroom Apartment, Outside City Center (Monthly)

$549 EC$1,481

$440 COP 1.4M

24.70%

3-bedroom Apartment, City Center (Monthly)

$1,159 EC$3,130

$1,258 COP 4.0M

-7.85%

3-bedroom Apartment, Outside City Center (Monthly)

$913 EC$2,465

$974 COP 3.1M

-6.26%

Buy Apartment in City Center (m2)

$2,755 COP 8.8M

Buy Apartment Outside City Center (m2)

$2,239 COP 7.1M

Average Monthly Net Salary (After Tax)

$438 EC$1,182

$795 COP 2.5M

-44.92%

20-Year Fixed Mortgage Interest Rate (Annual %)

12.81

-37.55%

CityCost data is based on AI and user input – minor inaccuracies may occur.

Last update for Grenada: October 3, 2026

Last update for Bogota: October 3, 2026

Monthly budget structure

Share of the monthly basket for one person, rent included.

Accommodation & Living

Grenada

$549 39.4%

Bogota

$440 34% 19.8% $109

Monthly Utilities & Internet

Grenada

$292 21%

Bogota

$166 12.8% 43.4% $127

Groceries & Markets

Grenada

$254 * 18.2%

Bogota

$256 19.9% 1% $2.7

Eating Out

Grenada

$184 13.2%

Bogota

$147 11.4% 20.1% $37

Getting Around

Grenada

$60 * 4.3%

Bogota

$67 5.2% 10.6% $6.4

Sport & Entertainment

Grenada

$53 3.8%

Bogota

$48 3.7% 9.3% $4.9

Clothing & Footwear

Grenada

- * 0%

Bogota

$169 13.1%

Categories marked with * are only partly priced – their share counts the items that do have prices.

Cost Breakdown

A central one-bedroom costs $685 in Grenada versus $781 in Bogota. Rent is usually the largest line item in a monthly budget, so the gap here sets the tone for the overall comparison.

Salaries run about 82% higher in Bogota, which reinforces the cost advantage – you earn more and spend less. Purchasing power leans clearly in its favor.

A mid-range dinner for two costs $45.00 in Grenada versus $41.00 in Bogota. Groceries tell a different story – $254 in Grenada vs $256 in Bogota – so Grenada wins on supermarket bills even if dining out costs more.

Good to know

🇬🇩 Grenada

🇨🇴 Bogota

🕒 Local time

03:10 3:10 AM

02:10 2:10 AM

1 h behind Grenada

🌤 Weather

👥 Population

8,181,047 Capital

💱 Currency

East Caribbean Dollar XCD $

Colombian Peso COP $

📈 Exchange rate

1 XCD = 0.37 USD

1 XCD = 0.33 EUR

10,000 COP = 3.14 USD

10,000 COP = 2.8 EUR

Exchange rates and currency converter

COP, USD, EUR to XCD – East Caribbean Dollar Converter

🇺🇸 United States Dollar ($)

🌐 East Caribbean Dollar ($)

East Caribbean Dollar exchange rates as of October 10, 2026: 1 USD = 2.7 XCD (1 XCD = 0.37 USD). 1 EUR = 3.03 XCD (1 XCD = 0.33 EUR).

Colombian Peso exchange rates as of October 10, 2026: 1 USD = 3,187 COP (10,000 COP = 3.14 USD). 1 EUR = 3,574 COP (10,000 COP = 2.8 EUR).

USD to XCD in detail →

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Between locations

Grenada Bogota 1,590 km ≈ 2 h 30 min nonstop flight

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Distances are measured in a straight line. Your location is detected approximately.

City Median Internet Speeds Comparison (Updated April 2026)

The chart highlights the Precision Threshold for mobile and fixed broadband internet speeds, updated quarterly.

Digital Nomad Cost of Living Index

Grenada vs Bogota: Cost of Living - Frequently Asked Questions

Yes – Grenada is pricier by about 7%, and outside of rent the gap shows up most in clothing.

For a comfortable life, plan on about $2,112 per month in Grenada and $1,966 in Bogota. That covers rent, food, utilities, transport, and enough left over to feel settled – not just surviving.

Rent is clearly cheaper in Bogota, especially for central apartments. Housing is actually the single biggest factor behind the overall cost gap between these two cities.

Public transport costs about 2% less in Bogota. For daily commuters, that gap adds up to noticeable savings over a year.

Interestingly, groceries are about 1% cheaper in Grenada – one category where the pricier city actually offers better value, probably thanks to stronger retail competition or local farming.

A $1,500 monthly budget goes further in Bogota, where all-in costs run around $1,310, than in Grenada at $1,408. In Bogota it covers expenses comfortably, while in Grenada it requires careful planning or may not stretch far enough.

Families tend to lean toward Bogota – lower housing and cheaper childcare make a real difference, especially on a single income or when paying for private education.

Both have safer and rougher neighborhoods, but overall safety is comparable to other large cities. Neighborhood choice matters more than the city-level comparison – central, well-trafficked areas feel secure in both.

If budget matters most, go with Bogota. If higher salaries, better infrastructure, or specific career opportunities are the priority, Grenada makes more sense. Both are solid long-term options with distinct trade-offs.